Real Estate

Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.

National REIT buys east-end property; feds help fund Ellwood House expansion

May home sales down in Ottawa, but CREA says momentum building

The Canadian Real Estate Association says home sales in May were down compared with a year ago,...

Ottawa housing starts down so far this year, CMHC says

Housing starts in Ottawa are down 10 per cent so far this year compared to the same period last year.

Developer calls off plans to build large spa facility in Kanata North

A “destination wellness spa” slated to be built in Kanata North is not going ahead.  Markham-based Silk Development...

Buying Château Montebello would be dream come true for Spa Nordik owner

A years-long dream could become reality for the founder and CEO of Groupe Nordik, who is waiting to hear if his group of investors is successful in its bid to purchase the historic Fairmont Le Château Montebello.

Ottawa Community Land Trust purchases third property for affordable housing

The Ottawa Community Land Trust has acquired a third property in its bid to help keep multiple rental units affordable.

Glebe parking lot could be turned into affordable housing units

A plan that could allow up to 90 not-for-profit housing units to be built on a vacant parking lot in the Glebe will be put to city council later this week.

Windmill Development Group eyes growing pipeline with new CEO Reeds at the helm

Windmill Development Group has tapped longtime executive Jeremy Reeds to lead the company as it rolls out...

Montreal’s Brasswater acquires Carling Executive Centre for $53M

Montreal-based Brasswater has acquired the Carling Executive Centre for $53 million, marking the third sale of a...

Six-storey building proposed for Echo Dr. near Flora Footbridge

Ottawa-based JBPA Developments is proposing a new six-storey residential building in Old Ottawa East, overlooking the Rideau...
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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